ICON
ICON/Tether #ICX $ICX #USDT $USDT (13 May)ICX is in small uptrend in small timeframe with BTC direction. However, it still seems too early for ICX to be able to increase strongly at this time. In my opinion, ICX can reach 0.37$ in this wave and will fall deeply to 0.24$ and this is the best buyzone for holding long-term
If you don't have ICX yet and want to make a small profit in this wave, you can buy close as 0.32$ as possible
Stoploss if ICX falls out of this forming Falling Wedge area
$ICX - LONG - 1D - TRADE IDEA- Watching for reclaim of Daily OB
- Volume decreasing during the end of this sell off, hopefully we are just dipping under OB to remove stops and then reclaim
- Want to see FEB lows NOT BROKEN below 537 SATS but could see it act as the support before the reclaim
- Take profits @ 675, 801 and finally between 900 to 980
- Korean Etherum
WHEN ICX (ICON) FINISH CORRECTION Dear friends and followers
well i believe this dragon has many potentials to climb to the sky soon ..
as its clear to you fellas .. it has been doing the impulse waves 1 to 5 since Jan 2019 till March 2019
and started a complex correction waves WXY
well .. suggested buy zones on chart
stop loss also there ..
Enjoy the trade and Good luck
$ICX Reaching ATL BTC Support at ~5.7k sats...$ICX Reaching ATL BTC Support at ~5.7k sats...
UCTS Sell signal active since March 21th with a 27% drop since that moment..
If we look previous iterations with this level, we can expect a bounce to happen, but please wait for signals of that happening.
#ICX
ICON High Volume Breakout Shows Potential For MoreOn early February 2019, ICON (ICXBTC) started its first strong bullish wave since the last cryptocurrency market bull run back in late 2017 / early 2018.
This wave generated over 89% profits from bottom to top and ended on the 10 March with a peak at 0.0000990... ICXBTC has been retracing since.
Yesterday after 42 days of retrace a big green candle showed up. This candlestick managed to break above EMA10 with good volume and also challenged EMA50 and EMA100.
Both the MACD and RSI look healthy for additional bullish action.
On the other hand, a close below 0.0000730 can turn this set up from bullish to bearish. And a close below 0.0000660 would completely invalidate all of the above signals, a new analysis would be needed.
So ICXBTC is looking bullish with room to continue moving up. Depending on how the market/Bitcoin moves, this altcoin also has the potential to break its last high relatively quickly, in a matter of weeks.
Feel free to hit like now if you want to show your support.
Thanks a lot for reading... This is Alan Masters.
Namaste.
$ICX Crossing over resistance at ~700sats...$ICX Crossing over resistance at ~700sats as result of the "P-Rep TestNet" announced for April 30th.
If current level hodls, potential next resistance/target could be around 900sats
UCTS Buy signal on the 12H
RSI & MACD rising
Bullish divs
ABCD bullish pattern in play
#ICX
ICX-BTC Double Bollinger Bands The Double Bollinger Bands on ICX-BTC pair are now in the neutral zone again. Pay close attention to the price action at the middle BB (blue line in the middle). We will update the post once we see where the trend is going and provide you with a RRR setup. At this moment we are neutral and are waiting for price action on the BTC pair, however if BTC makes a move we will be waiting even longer to figure out where this is going.
A close below the middle BB will suggest that the downtrend is likely to continue. A strong close above the middle BB tells us that we are likely going to reverse the trend or at least touch the 1st or 2nd upper zone of the BB.
Extra info:
Green zone = bullish trend
Blue zone = neutral trend (break up or down this zone might indicate reversal)
Red zone = bearish trend
To be updated!!!
ICON - Korean king isn't deadICON failed to stay in "TOP-15 marketcap" projects due to long correction and has been already "buried" by "ICON-killers" or "ICONs 2.0". We saw a lot of projects aiming to become the main blockchain in Korea, but no one (Fantom, Yggdrash, Hycon, Aergo, etc) succeeded in this mission.
In my opinion, the project is alive and the price is the main evidence. After a tough correction, it managed to raise from 540 to almost 1000 sats with a high volume and now is staying above the 0.5 fib retracement area.
On the daily tf I see some kind of re-accumulation (you can name it flat-correction or flag) and anticipate the markup. Daily Bollinger is compressing which is a good sign. On a weekly tf, the picture is even better: there're 4 weekly candles with long wicks on both sides consolidating above the Weekly MA20. And the Bands are compressing, the price is preparing for the break.
Targets: On to the weekly chart the main resistance is on 1350s satoshis area and no resistance till 2500 sats.
ICX Rocket about to launch - 25-50% gains in sightICX-BTC has tested the 890 resistance a few times now and is ready to enter the last zone before testing the 1004 strong resistance, crossing which, the trade zone is a fantastic 30% lucrative gains area with top resistance at 1303.
Bullish Reasons:
BTC bulls like ICX too. I see ICX as a keen follower of BTC, very loyal one.
Ichimoku very bullish and favouring ICX long
Candle open above 890 will certainly push price towards 1004 sats and with momentum, the price should enter 1004-1303 trade zone.
Targets
TP1 - 1004
TP2 - 1090
TP3 - 1145 and beyond
Mid-Long term Target 1 - 1300 zone
These are conservative estimates for short term trade.
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ICXBTC uptrend channel
ICXBTC now is situated into an uptrend channel and just broked the falling wedge. In this 1D timeframe we have a bullish setup because:
-We have the first buy candle at MACD(momentum)
-RSI is situated above 50
-Stochastic rising and soon will hit the overbought zone
GOLDEN CROSS coming soon!!!!
Targets for midterm: 0.0000986 ; 0.0001100 ; 0.0001369